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. they'll play another tune for us. that wraps it up. >> eric: magic man will be the tune. carolina. hurricane earl is a powerful category 3 storm. winds at 125 miles per hour off the coast of cape hatteras. it could make its way up to maine by the weekend. full fox coverage including the latest from the hurricane center out of miami. there is a fox news alert. jobs. the private sector lost 10,000 jobs in august. it's going the wrong way, that arrow is. martha: turn these things around. this report does not include government jobs. it's just private sector jobs. it's clearly a sign the economy is struggling to get back on its feet. bill: varney and company, what do you think of this? >> we were supposed to be adding hundreds of thousands of new private sector jobs each and every month. that where we were supposed to be. but we lost 10,000 jobs in the month of august in the private sector. they were spread around, small business 6,000, medium size business, net, net, 10,000 jobs. they are at the heart of our economic problems and the concerns coming up for november. president obama i
maccallum, thank you for being with us today. here's the issue, the guard en arches is denying those reports that they are considering not providing coverage. bill: the white house is saying the story is flat out wrong. stuart varney, the story is in the "wall street journal," owned by our parent company, by the way. what is the story? >> the "wall street journal" has gotten ahold of a letter from mcdonald's to the feds and that letter says, and i quote, now it would be economically prohibitive for our carrier to continue offering coverage, they say we can't afford to offer health care coverage for 30,000 of our employees under the current rules of the expected future rules of health care reform. bill, i have to to tell you, the speed and intensity of the denials of the story tell you how important it is. because at stake is president obama's promise that you will be able to keep the program, the coverage, the policy that you've got now if you like it. bill: tell me more about the pushback, the strength of the denial means what? >> well, look, you've got health and human services coming out
, including a lot of red tape. bill: stuart varney with fbn joins us. first, the news, this came from the local government in l.a.d. it not? >> it came from the controller of los angeles, she reported that the transportation department spent 70 million created 45 new jobs, the public works department spent 40 million came up with just over nine jobs. a total of 55 jobs, 2 million per job. that just happened. bill: all right. is l.a. alone? >> well, l.a. is the largest city yet to go through an audit, but this coincides with the release this week of the white house's 100th best stimulus projects. they're looking back over the stimulus program that was launched 18 months ago, pulling out the 100 best performers. i've not seen the whole list but i've seen a couple of them. for example, they spent $30 million in new jersey, cleaning up an old electronics factory that created 68 new jobs. now, do the math, bill. that's a little bit better than los angeles. new jersey put out 68 jobs at $441,000 each job. now, the white house is tout thank as a success of the stimulus program. you be the ju
Search Results 0 to 2 of about 3